Idexx: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2023, 06:39 AM ET
Last Updated - Aug 01, 2023, 06:39 AM EDT
WESTBROOK, Maine (AP) — WESTBROOK, Maine (AP) — Idexx Laboratories Inc. (IDXX) on Tuesday reported second-quarter earnings of $224.2 million.
On a per-share basis, the Westbrook, Maine-based company said it had profit of $2.67.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.43 per share.
The Animal diagnostic and health care company posted revenue of $943.6 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $927.8 million.